BrahtzCorporation has $222 million dollars of interest-bearing debt outstanding at the end of fiscal 2017 year. In addition, the company incurred $26 million dollars of interest expense in 2017.

If the company has a marginal tax rate of 35% calculate Brahtz's cost of debt capital.

Select one:

A.9.1%

B.7.6%

C.14.1%

D.11.1%